Jefferies Financial Group Inc. Sells 70,190 Shares of iShares U.S. Home Construction ETF $ITB

Jefferies Financial Group Inc. lowered its position in shares of iShares U.S. Home Construction ETF (BATS:ITB) by 96.4% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 2,640 shares of the exchange traded fund’s stock after selling 70,190 shares during the quarter. Jefferies Financial Group Inc.’s holdings in iShares U.S. Home Construction ETF were worth $254,000 as of its most recent SEC filing.

A number of other institutional investors have also bought and sold shares of the company. Keudell Morrison Wealth Management bought a new stake in iShares U.S. Home Construction ETF during the fourth quarter valued at $266,000. Quantum Private Wealth LLC boosted its position in iShares U.S. Home Construction ETF by 2.0% during the fourth quarter. Quantum Private Wealth LLC now owns 8,839 shares of the exchange traded fund’s stock valued at $851,000 after acquiring an additional 176 shares during the last quarter. Rockport Wealth LLC bought a new stake in iShares U.S. Home Construction ETF during the fourth quarter valued at $8,922,000. AlphaCore Capital LLC bought a new stake in iShares U.S. Home Construction ETF during the fourth quarter valued at $1,361,000. Finally, International Assets Investment Management LLC boosted its position in iShares U.S. Home Construction ETF by 106.2% during the fourth quarter. International Assets Investment Management LLC now owns 4,640 shares of the exchange traded fund’s stock valued at $447,000 after acquiring an additional 2,390 shares during the last quarter.

iShares U.S. Home Construction ETF Stock Performance

Shares of ITB opened at $93.06 on Monday. The stock has a market capitalization of $2.14 billion, a P/E ratio of 10.18 and a beta of 1.31. The firm’s fifty day simple moving average is $92.80 and its two-hundred day simple moving average is $99.12. iShares U.S. Home Construction ETF has a 12 month low of $84.98 and a 12 month high of $118.00.

iShares U.S. Home Construction ETF Company Profile

iShares U.S. Home Construction ETF, formerly iShares Dow Jones U.S. Home Construction Index Fund, seeks investment results that correspond generally to the price and yield performance of the Dow Jones U.S. Select Home Construction Index (the Index). The Index measures the performance of the home construction sector of the United States equity market, and includes companies that are constructors of residential homes, including manufacturers of mobile and prefabricated homes. The Company invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.